Edayarpalayam, Coimbatore Unveiled

Edayarpalayam in Coimbatore presents an evolving residential area featuring a good mix of convenience, amenities, and good investment potential.

Connectivity

• Edayarpalayam connects well to the city through the Vadavalli bus stand and Coimbatore North railway station. It’s great for easy access to public transport.

Infrastructure

• The area boasts essential infrastructure, including top hospitals like Sumith Hospital, Ranjith Dental Hospital, and Sri Vishnu Priyaa Hospitals Pvt Ltd.
• Enjoy nearby recreational hubs like Maruti Theatre and Murugan cinemas.
• Locals can pick from several nearby schools including Angappa Matric School, V V Vani Vidhyalaya, and Ramasamy Matriculation School.

Property Market

Availability

• Over 25 properties for sale and more than 8 properties for rent are available right now in Edayarpalayam.

Price Trends

• The average price per square foot stands at around ₹5,463 with an increase of 13.53% over the last year.
• Prices typically range from ₹5,000 to ₹5,833 per square foot.

Types of Properties

• Residential Plots: These come in different sizes ranging from 600 to 1000 sq. ft. to larger plots up to 3640 sq. ft. Options like Sowkiya Residency and Bhuvana Township provide plots with crucial amenities.
• Apartments: 2 BHK units are quite popular here. Rental values range from ₹11,000 to ₹14,000 per month for mid-segment properties.

New Housing Societies

• New ready-to-move housing projects include Sreevatsa Platinum, Muktha Rajmangala, and Igloo Snow Stone.

Amenities

• Many housing plots and projects have added perks like compound walls for security and street lights for brighter pathways.
• Certain developments, like Sowkiya Residency, enhance the living experience with additional features.

Investment Potential

• Edayarpalayam is tied to Coimbatore, famously dubbed the "Manchester of South India" due to its solid industrial base and rising IT sector. This makes it a lucrative place for real estate investment.

Rental Insights

• Rental property categories are divided as affordable (rent less than ₹11,000/month), mid-segment (rent ₹11,000-₹14,000/month), and premium (rent more than ₹14,000/month).
• Well-liked housing projects among renters include Vijayalakshmi Nagar.

PropertyWala's Verdict

Edayarpalayam, Coimbatore offers a strong option for both buyers and renters thanks to its balanced mix of connectivity, infrastructure, and investment promise. Its booming property market and rising prices reflect a sturdy and promising real estate sector. Looking for a residential plot or an apartment to rent? Edayarpalayam provides options for every budget and need. Thanks to its strong infrastructure and amenities, this spot is sure to see an upward trend, making it great for real estate investments in Coimbatore.